The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-12-22
INDIANAPOLIS MARKETS.
Trade Taking on a Holiday SIuggishness,
with q Firm Tone to Prices.

Trade Iak1ng on Holiday Siuggishness,
with Firm Tone to Prices.
indianapolis, Dec. 81.
IL all departments OF the Wholesale trade bus
mess moves sluggishly usual as the holidays
days draw near, yet in the main there is
strong, firm tone to prices, which promises well
for the future. In the dry goods market prices
are seemingly very firm although WOODEN
goods East there has weakening tendency been
manifested the last few days. 1t is thought,
however. that after New Years prices wooden
goods will rally. as orders will likely be placed
more freely The grocery market presents no
new features Spices are steady and firm. The
combination is still holding starch very
firm, and that renders the starch market gen.
orally firm. Rice is in good demand at quota
TONS Molasses selling well. and scarcity of
low grades reported. The tea market is quiet
and destitute of new features. The sugar mar
ket is at standstll as it has been almost ever
since the formation OF the sugar trust The re-
fneries doing but very little at present
There was a sale early in the week of 400 tons
of Penang sugar. and that is about the only sale
of any account since the formation of the trust
The sale was at private terms, but the price is
understood TO have been very low for a low
grade sugar. The quotations are almost en-
tirely nominal on raw sugars The market for
Rio coffee is firmer, and prices fully 10
higher than a few days ago. The latest reports
from Rio give that market frrner, and the
more enthusiastic coffee merchants in this couu-
try are predicting rise OF at least lie within
few days. The recent advances make the ex-
change some 80 points higher within the past
four days, and this would almost 1c ad-
vance in the price of actual coffee. But it must
always be borne in mind that the spot market
never fully follows the exchange, neither up
ward nor downward. But the position of Rio
coffee is really very firm, and the statistics show
increased, rather than diminished firmness of
the position. The average daily receipts at Rio
last week were not above 5, 900 bags, and the
arrivals at Santos were no better. The total
time last year, 224 600 bags The total receipts
of coffee on the present crop have been $40 900
bags. against 2 32. 900 bags at the same time
last year. The produce markets are really the
only active markets to be found. Apples
oranges and bananas meeting with better
sale than at any time for weeks past Poultry
is firmer, but not quotably higher Eggs scarce
and firm. A large per cent. of those on the
market are poor and stale, most of them being
packed eggs Butter is in better request, but
higher. Irish and sweet potatoes are in good
demand at prices quoted. Efforts on the part
of the commission men to further spring prices
of Irish potatoes have been unavailing.
GRAIN.
The local markets maintain the strong tone of
Tuesday, and on No. 2 red wheat an advance of
&c was established, the market closing firm at
the advance. White grades of corn are in act
i've request at shade stronger prices Offer
ings are liberal, but still fall considerably below
the demand. Oats in good request at quota
good deal of interest shown. Reports from all
along the line showed firm prices. and this en-
couraged dealers to take hold more freely
Track bids to-day ruled as follows: